Acquisitions - 1031 Exchange DST Sponsor

Four Springs TEN31 Xchange (FSX) is a leading sponsor of net lease DST programs and currently manages and controls a high-quality portfolio of industrial, medical and retail net lease properties leased to investment grade and other creditworthy tenants on a long-term basis.

FSX is targeting $500M in assets to acquire for 2026. Properties meeting these criteria are of interest:

Real Estate Asset Class Breakdown

Our industrial portfolio focuses on mission-critical facilities including distribution centers, cold storage, manufacturing, and infrastructure properties. These assets serve as essential components of the supply chain for leading national and international corporations.

Distribution, Cold Storage, Manufacturing, Infrastructure

Property Types

Distribution Centers, Cold Storage Facilities, Manufacturing Plants, Infrastructure Assets

Tenant Profile

Investment-grade corporations and strong national operators with long-term growth potential

Recent Acquisitions

$98M portfolio (2025) - Multiple facilities across strategic markets

Our medical portfolio comprises freestanding physician clinics, ambulatory facilities, emergency and urgent care centers with strong hospital network affiliations. These properties benefit from long-term demographic trends and healthcare demand.

Freestanding Physician Clinics, Ambulatory, Emergency and Urgent Care Centers with Strong Hospital Network

Property Types

Physician Clinics, Ambulatory Surgery Centers, Emergency Care, Urgent Care Centers

Network Strength

Properties affiliated with major hospital systems and healthcare networks

Location Strategy

High-visibility locations in growing markets with strong patient demographics

We focus on essential freestanding specialty retail and big box properties with strong tenant covenants. Our retail strategy emphasizes necessity-based retail and service-oriented tenants with omnichannel capabilities.